Nigeria: 'I Paid What Was Due', Obi Rejects Anambra Debt Claim
The state says records show eight external loans and ongoing repayments, while Obi says he left office without unpaid obligations.
- Anambra State Government officials claimed on Sunday that Governor Chukwuma Soludo's administration is servicing external loans inherited from previous governors Peter Obi and Willie Obiano.
- Official debt records indicate eight external loans contracted between 2007 and 2013 remain outstanding, with a balance equivalent to about N127.4 billion as of June 30, 2026.
- Rejecting these allegations, Peter Obi, the 2027 presidential candidate for the Nigeria Democratic Congress, challenged critics to verify financial records and vowed to withdraw his campaign if unpaid obligations are established.
- Former Secretary to the Anambra State Government Oseloka Obaze published the March 17, 2014, handover report supporting Obi's account, while the All Progressives Congress Presidential Campaign Council demanded his withdrawal from the 2027 race.
- The fiscal history dispute intensifies ahead of the 2027 election, with voters navigating competing financial narratives that threaten to define the presidential viability of the former Anambra governor.
52 Articles
52 Articles
Anambra Debt Row: Presidency dares Obi To quit 2027 race
The Presidency has put former Anambra State Governor Peter Obi’s 2027 presidential bid at the centre of the controversy over the finances he left behind when he handed over power in 2014. It challenged him to honour his pledge to stop campaigning if his claims of leaving the state debt-free are disproved. Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, said on Wednesday that Obi had set the terms himself by of…
Obi: I paid all debts due before leaving office
AWKA — The presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, has rejected claims that his administration left outstanding debts for the Anambra State Government to repay, saying he settled all obligations due before handing over power in 2014. Obi made the clarification in a video from the Voice of Ndi Anambra Podcast […]
We're still repaying loans incurred by Peter Obi, others - Anambra govt
The latest claim was coming despite Mr Obi's repeated position that, while exiting office as governor, he left for the state a total of $50 million each in Access, defunct Diamond and Fidelity banks - totalling $150 million - with an interest rate of at least 6.5 per cent.
Anambra govt still repaying loans taken under Peter Obi, Willie Obiano – Soludo
Anambra State Government has said it is repaying loans obtained by previous administrations, including those of former governors Peter Obi and Willie Obiano. The State Commissioner for Finance, Izuchukwu Okafor, made this revelation on Sunday while speaking on the Ndi Anambra podcast released by the state government’s New Media team. According to him, the inherited […] Anambra govt still repaying loans taken under Peter Obi, Willie Obiano – Solu…
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